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Fiscal Policy
Government Income
Direct and Indirect Taxes
Sales of Goods and Services
Privatising/Selling Off of State Owned Enterprises
Government Expenditure
Current Expenditures
Capital Expenditures
Transfer Payments
Increase AD
(Deflationary / Disinflationary Trend)
Increase in Government Expenditure
Reduction of Taxes
Decrease AD
(Too much Inflation)
Reduction in Government Expenditure
Increase in Taxes
Automatic Stabilisers
Income Tax
Welfare Spending
Methods of Changing AD

Evaluate the effectiveness of fiscal policy to reduce the rate of inflation
Instructions | More on the Hexagons Approach

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